Call Us 847-305-4837 ☰ ˟
Logo
Call Us 847-305-4837 to get your personalized insurance quote
  • Home
  • Products
    • Automobile
    • Business & Commercial
    • Small Business
    • Commercial Property
    • Cyber Liability
    • Homeowners
    • Life
    • Motorcycle
    • Renters
    • Retirement Plans
    • Watercraft & Boat
  • Get a Quote
    • Auto Insurance Quote
    • Business & Commercial Insurance Quote FormsImage of right arrow
      • Business Owners (BOP) Quote Form
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Small Business Quote Form
      • Workers Compensation Quote
    • Commercial Property Insurance Quote
    • Cyber Liability Insurance Quote
    • Homeowners Insurance Quote
    • Life Insurance Quote
    • Motorcycle Insurance Quote
    • Retirement Insurance Planning
    • Watercraft Insurance Quote
  • Blog
  • Resources
    • Refer a Friend
    • Insurance Glossary
  • About Us
    • About Epic One Insurance Group
    • Privacy Policy
  • Contact
Home > Blog > Who Needs Life Insurance?
FRIDAY, AUGUST 11, 2023

Who Needs Life Insurance?

Who needs life insurance? Almost everybody does. The bottom line is, if someone will have to use their own money to pay your bills when you are gone, then you need life insurance.  Old lady with daughter

This applies to people in the following situations: 

  1. If you are married, you need life insurance. Life insurance ensures that your spouse has money to pay your medical bills, funeral costs and will have money to live on and make the adjustment of not having you there. How much life insurance you need depends on how much money you make, or does it? Yes, you want life insurance to cover your salary if you are gone. But, you also want life insurance to cover the cost of child care, housekeeping etc., if you are a stay at home parent. You might not be making a salary, but what you do for your household is expensive to replace. 
  2. If you have children, you need life insurance. The life insurance policy can cover college costs, transition costs and will be valuable if your children need to live with a guardian after you are gone. Your life insurance protects their future if you are not there to provide. 
  3. If you are single without children, you need life insurance. Why? Because someone has to pay your bills. Unless you are wealthy enough for all your end of life bills to be paid—including your mortgage and medical bills—then you need life insurance to protect your family’s finances. 
  4. If you are retired, you need life insurance. So, your house is paid off and you have ample money in the bank for those end of life expenses. But, what if something happens to one of your children and you need to care for your grandchildren? Don't wait until it's too late to get life insurance to protect your loved ones. Plus, it would be nice to pass on some money to those grandchildren to give them a financial boost. 

Are you ready to talk about life insurance? Our agents are happy to assist you. 

Posted 6:57 PM

Tags: life insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2025
  • 2024
  • 2023
  • 2022

  • life insurance(9)
  • home insurance(8)
  • auto insurance(7)
  • boat insurance(4)
  • commercial property insurance(3)
  • business insurance(2)
  • general liability insurance(2)
  • cyber liability insurance(1)
  • business interruption insurance(1)
  • health insurance(1)
  • recreational vehicle insurance(1)
  • rv insurance(1)
  • cyber liability(1)
  • renters insurance(1)
  • employee benefits(1)

View Mobile Version
Contact us
Phone: 847-305-4837 2 East Main St | East Dundee, IL 60118

To contact Epic One Insurance Group LLC directly, please fill out the following form as completely as possible. When finished, click the Submit button to send your contact request. You will receive a response from us shortly. By submitting this form, I authorize Epic One Insurance Group LLC to communicate with me via text messaging.

Quick Links
Home Our Products Customer Service Payment Options Report a Claim About Us Our Carriers Blog Contact Us
Location
2 East Main St
East Dundee, IL 60118

Phone: 847-305-4837
Fax: 847-613-4091
E: service@epiconeins.com
Watermark



Twitter Icon Instagram Icon Google Icon


© Copyright. All rights reserved.
Powered by Insurance Website Builder